Peet’s Coffee & Tea, Inc. has acquired Mighty Leaf Tea in a partnership with private investment firm Next World Group, Food Business News reports. The acquisition of Mighty Leaf Tea, a handcrafted tea manufacturer which makes artisanal teas in a compostable mesh pouch, is aimed at bolstering Peet’s presence in the premium tea market. Mighty Leaf Tea will continue to operate independently and will have full access to Peet’s resources, …